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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2020

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

A summary of selected quarterly information for 2020 and 2019 is as follows (in millions of dollars, except for per share amounts):


						2020 Quarter Ended
						March 31						June 30						September 30						December 31						Total
Net sales						$	3,001					$	2,837					$	3,018					$	2,941					$	11,797
COGS						1,880						1,821						1,944						1,914						7,559
Gross profit						1,121						1,016						1,074						1,027						4,238
SG&A						962						811						694						752						3,219
Operating earnings						159						205						380						275						1,019
Net earnings attributable to W.W. Grainger, Inc.						$	173					$	114					$	240					$	168					$	695
Earnings per share - basic						$	3.20					$	2.11					$	4.43					$	3.14					$	12.88
Earnings per share - diluted						$	3.19					$	2.10					$	4.41					$	3.12					$	12.82


						2019 Quarter Ended
						March 31						June 30						September 30						December 31						Total
Net sales						$	2,799					$	2,893					$	2,947					$	2,847					$	11,486
COGS						1,704						1,772						1,848						1,765						7,089
Gross profit						1,095						1,121						1,099						1,082						4,397
SG&A						732						741						761						901						3,135
Operating earnings						363						380						338						181						1,262
Net earnings attributable to W.W. Grainger, Inc.						$	253					$	260					$	233					$	103					$	849
Earnings per share - basic						$	4.50					$	4.69					$	4.27					$	1.89					$	15.39
Earnings per share - diluted						$	4.48					$	4.67					$	4.25					$	1.88					$	15.32